Finance Minister: “No new revenue measures”
Finance Minister Hon. Marco Archer, JP, is busy putting the finishing touches to his Budget Address that he promises will unveil a people- and business-friendly budget, with no new revenue measures planned. “This budget is a good package,” Mr. Archer…
Suze Orman at the Westin Grand Cayman
Suze Orman, the two-time Emmy Award-winning television host, New York Times mega best-selling author, magazine and online columnist, is being brought to Cayman by Colonial Pension Services Ltd, a member of Colonial Group International Ltd. (CGI) and a registered pension…
OPINION: EC Dollar devaluation may be beginning of the end
By Peter Binose From Caribbean360 KINGSTOWN, St Vincent – We may all wake up one morning soon and find our EC dollars worth less, or even worthless. Our savings and our buying power reduced. Our local pensions worth so much…
Pfizer, other companies accused of dodging taxes
By Lee Howard From The Day Top American companies including pharmaceutical giant Pfizer Inc. are saving at least $550 billion in taxes by holding profits in overseas tax havens, according to a report Monday by the advocacy group Citizens for…
Details of review by EY of the Cayman Islands Civil Service
At a Government Press Conference on Friday May 16th the details of the review of the Civil Service to be executed by Ernst & Young (EY) who were appointed at a cost of over $155,000 was announced. The Civil Service…
Cayman Islands Court clarifies treatment of foreign tax liabilities in bankruptcy
Article by Colin D McKie and Brett Basdeo From Maples and Calder The Cayman Islands Court of Appeal has allowed the appeal of a creditor against a bankruptcy order made against two Cayman Islands resident debtors, the primary purpose of…
The Confidential Relationships (Preservation) Law: Confidentiality Legislation in the Cayman Islands
By David Butler, Phillip Kite, Ian Mann, Jayson Wood | Harney Westwood & Riegels Contact In this guide Harneys considers the scope of the Cayman Islands’ Confidential Relationships (Preservation) Law and the sanctions that apply to contraventions of it. The…
Breaking FATCA news: A semi-stay of execution for Americans’ assets and the dollar
By Jeff Berwick – The Dollar Vigilante From Personal Liberty Digest The Illegitimate Revenue Agency (IRS) has just announced that the Foreign Account Tax Compliance Act (FATCA) has been postponed from July 1 until Jan. 1, 2016. This is good…
Tethys Petroleum Limited: First quarter 2014 financial results
GRAND CAYMAN, CAYMAN ISLANDS, May 15, 2014 (Marketwired via COMTEX) — Tethys Petroleum Limited (“Tethys” or the “Company”) CA:TPL +1.11% UK:TPL -1.51% today announced its First Quarter 2014 Financial Results. Corporate Highlights — Drilling of a further 3 successful…
EU providing billions for projects in Jamaica
From Caribbean360 KINGSTON, Jamaica, CMC – The European Union is providing J$11.1 billion (one Jamaica dollar = US$0.004 cents) to Jamaica for projects within the sugar industry, justice, community development initiatives and poverty reduction. Prime Minister Portia Simpson Miller said…